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United States

Novo Nordisk Announces Reduction Of Share Capital


Wednesday, 24 Apr 2019 12:27pm EDT 

April 24 (Reuters) - Novo Nordisk A/S ::Novo Nordisk A/S - REDUCTION OF SHARE CAPITAL.CO CANCELLED B SHARES AT A NOMINAL VALUE OF DKK 10,000,000.REGISTERED IMPLEMENTATION OF REDUCTION OF SHARE CAPITAL WITH DANISH BUSINESS AUTHORITY AND CANCELLED B SHARES AT NOMINAL VALUE OF DKK 10 MILLION.AT CO'S ANNUAL GENERAL MEETING ON 21 MARCH, IT WAS DECIDED TO REDUCE CO'S B SHARE CAPITAL FROM DKK 382.5 MILLION TO DKK 372.5 MILLION.REDUCTION OF SHARE CAPITAL WILL NOT AFFECT NOVO NORDISK'S SHARE REPURCHASE PROGRAMME WHICH WILL CONTINUE AS PREVIOUSLY ANNOUNCED.AFTER REDUCTION CO'S SHARE CAPITAL IS NOMINALLY DKK 480 MILLION, DIVIDED INTO A SHARE OF NOMINALLY DKK 107,487,200, B SHARE OF NOMINALLY DKK 372,512,800.